NOT LISTED FOR SALE

4205 Drexel Ave Madison, WI 53716

Lake Edge Neighborhood

Estimated Value: $395,000 - $430,724

3 Beds
1 Bath
1,662 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2020

Last sale price $237,770 $143 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,837 / mo

23 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Hydromassage or Jetted Bathtub
  • Cape Cod Architecture
  • Main Floor Bedroom
  • 4-minute walk to Lake Edge Park

About This Home

As of December 2020

HUD Case #581-365486. Discover this wonderful home in desirable Lake Edge Park subdivision! Main floor features a large living room, bedroom, full bath (w/ whirlpool tub), & large sunroom overlooking gorgeous fenced backyard! Park like yard has numerous beautiful trees, raspberry bushes, & foliage. Large deck & 2 car garage. Located within walking distance to Olbrich Park, Lake Loop Bike Path, & Lake Monona. This a HUD home. Eligible for FHA 203k. FHA Financing: IN (Insured). Finance Terms: Cash, FHA, FHA 203k, Conventional. Available beginning 10/07/20. Bid Deadline: Bids due on or before 10-16-20 @ 11:59 pm Central Time then daily until sold. For a property condition report, forms, disclosures & availability visit HUD site. Buyer to verify all information. LBP Addendum.

Last Agent to Sell the Property

Jeff olson

RE/MAX Preferred License #50787-94 Listed on: 10/07/2020

RE/MAX Preferred

Co-Listed By

Rick Bernards

RE/MAX Preferred License #56886-90

Last Buyer's Agent

Jeff olson

RE/MAX Preferred License #50787-94 Listed on: 10/07/2020

RE/MAX Preferred

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,922

Year Built

  • Built in 1949

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 75x150
  • Fenced Yard

Parking

  • Detached Garage

Home Design

  • Cape Cod Architecture
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,662 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Den
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom

Schools

  • Allis Elementary School
  • Sennett Middle School
  • Lafollette High School

Additional Features

  • Deck
  • Property is near bus stop
  • Forced Air Heating and Cooling System

Community Details

  • Lake Edge Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,922

Year Built

Built in 1949

Lot Details

0.26 Acres

Listing Details

  • Municipality: Madison
  • Status Detail: Sold
  • Mailing City: Madison
  • Class: Single Family
  • Type: Single Family
  • Type Of Property: 1 1/2 story
  • Architecture: Cape Cod
  • Barrier Free: Open floor plan, First floor bedroom, First floor full bath
  • Items Included: washer, dryer, microwave, dishwasher
  • Year Built: 1949
  • Above Grade Sold Price Per Sq Ft: 143.06
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1662
  • Finished Sq Ft: 1662
  • Bedrooms: 3
  • Main Level Full Bathrooms: 1
  • Total Full Bathrooms: 1
  • Master Bedroom: Dimensions: 11x10, On Level: M
  • Bedroom 2: Dimensions: 12x10, On Level: U
  • Bedroom 3: Dimensions: 12x10, On Level: U
  • Kitchen: Dimensions: 12x11, On Level: M
  • Kitchen Features: Dishwasher, Microwave
  • Living Room: Dimensions: 21x12, On Level: M
  • Dining Area: Dimensions: 12x9, On Level: M
  • Other Rooms: Den/Office, Sun Room
  • Other Room 1: Den/Office, Dimensions: 12x10, On Level: U
  • Other Room 2: Sun Room, Dimensions: 22x10, On Level: M
  • Basement: Full, Poured concrete foundatn
  • Interior Amenities: Walk-in closet(s), Washer, Dryer, Jetted bathtub, At Least 1 tub
  • Primary Bedroom Bathrooms: None

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Fenced Yard

Garage/Parking

  • Driveway: Paved
  • Garage: 2 car, Detached
  • Total Full Garage Stalls: 2

Utilities

  • Fuel: Natural gas
  • Heating Cooling: Forced air, Central air
  • Water Waste: Municipal water, Municipal sewer

Schools

  • Elementary School: Allis
  • High School: Lafollette
  • Middle School: Sennett
  • School District: Madison

Lot Info

  • Estimated Aces: 0.26
  • Lot Description: Close to busline
  • Lot Dimensions: 75X150
  • Zoning: res
  • Geo Subdivision: WI

Tax Info

  • Net Taxes: 4922
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 16, 2020
Sold by
Bought by
Seller's Agent
Jeff olson
RE/MAX Preferred
Buyer's Agent
Jeff olson
RE/MAX Preferred
List Price
$245,000
Sold Price
$237,770
Premium/Discount to List
-$7,230
-2.95%
Current Estimated Value
$414,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,411
Avg. Annual Appreciation
10.50%
Original Mortgage
$225,850
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2020
Sold by
Bought by

Purchase Details

Closed on
May 23, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $108,000
Closed $68,000
Closed $225,850
Closed $307,500
Closed $146,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $237,770 -3.0% $143 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $245,000 -- $147 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,360 $414,100 $99,400 $314,700
2023 $6,254 $364,900 $95,200 $269,700
2022 $11,021 $296,400 $77,300 $219,100
2021 $5,201 $260,000 $77,300 $182,700
2020 $5,670 $245,300 $72,900 $172,400
2019 $4,922 $231,400 $68,800 $162,600
2018 $4,945 $231,400 $47,700 $183,700
2017 $4,603 $206,600 $47,700 $158,900
2016 $4,488 $196,800 $45,400 $151,400
2015 $4,466 $192,900 $42,800 $150,100
2014 $4,464 $192,900 $42,800 $150,100
2013 $4,406 $192,900 $42,800 $150,100
Source: Public Records

Agents Affiliated with this Home

  • Jeff olson

    Seller's Agent in 2020

    Jeff olson

    RE/MAX

    (608) 575-7522

    49 Total Sales

    Jeff olson
    Section Image
  • Rick Bernards

    Seller Co-Listing Agent in 2020

    Rick Bernards

    RE/MAX

    (608) 833-3711

    25 Total Sales

    Rick Bernards
    Section Image
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Map

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 1895387

South Central Wisconsin Multiple Listing Service

APN: 0710-093-1614-4

Wisconsin Dane County Madison 53716 Lake Edge

4205 Drexel Ave, Madison, WI

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South Central Wisconsin Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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